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Photo: Ralph Koch for Mayer & Cie.
29.04.2022

Mayer & Cie. at the ITM

  • Turkish circular knitting market offers prospects in turbulent times

After a four-year, Covid-related break the German circular knitting machine manufacturer Mayer & Cie. is exhibiting with its Turkish representative Mayer Mümessillik (MMÜ) once more at the important International Textile Machinery Exhibition (ITM) in Istanbul. At Booth 713 in Hall 8, Mayer & Cie. will present three machines: the D4-2.2 X interlock machine, the OV 3.2 QCe for double jersey structures and the MV 4 3.2 II for single jersey fabrics. For the Mayer & Cie. and MMÜ team the focus will be on in-person contacts with customers, suppliers and partners. Despite the tense international situation both the manufacturer and its representative are positive about the medium-term outlook for the Turkish market.

  • Turkish circular knitting market offers prospects in turbulent times

After a four-year, Covid-related break the German circular knitting machine manufacturer Mayer & Cie. is exhibiting with its Turkish representative Mayer Mümessillik (MMÜ) once more at the important International Textile Machinery Exhibition (ITM) in Istanbul. At Booth 713 in Hall 8, Mayer & Cie. will present three machines: the D4-2.2 X interlock machine, the OV 3.2 QCe for double jersey structures and the MV 4 3.2 II for single jersey fabrics. For the Mayer & Cie. and MMÜ team the focus will be on in-person contacts with customers, suppliers and partners. Despite the tense international situation both the manufacturer and its representative are positive about the medium-term outlook for the Turkish market.

Turkey is a market with prospects
“The challenges that the global economy faces are at present enormously wide-ranging, of course,” says Mayer & Cie.’s Turkey specialist Stefan Bühler. “The Russian invasion of the Ukraine, supply chain outages, shortages of raw materials and skyrocketing energy prices all create uncertainty.” And then there is galloping inflation in Turkey and elections in 2023. Yet despite, and in part because of, this state of affairs Bühler and Kahraman Güveri, CEO of Mayer & Cie.’s Turkish representative MMÜ, hold a positive view of the market outlook for the years ahead. Large orders, especially for standard products, are on the increase, Kahraman Güveri explains. That leads to new investments, new companies and a growing demand for refurbished machines that then need to be replaced by new machines elsewhere. And former commission merchants are now enterprises in their own right.

“Apart from that, Turkey benefits from its proximity to Europe, transport routes are manageable,” says Stefan Bühler. “This location advantage attracts brand manufacturers who together with their orders bring new approaches, new designs and new technologies into the country.” And Turkey’s already very highly developed textiles sector benefits too. That, says Kahraman Güveri, is why one can be confident for the next few years, “at least for as long as nothing unforeseen happens”.

Established machines with that something special: OV 3.2 QCe for double jersey structures
The portfolio of machines that Mayer & Cie. is exhibiting at the ITM is tried, trusted and popular. The OV 3.2 QCe is a specialist for interlock fabrics and double jersey structures that it knits in both filament and synthetic fibre yarns. With a conversion kit the OV 3.2 QCe also qualifies as a producer of 8-lock structures, spacer fabrics and fine gauges. The machine is available in a choice of three frames: from open-width and industrial to giant frame. Stefan Bühler, regional sales manager for Turkey, has this to say: “Not for nothing has the OV 3. 2 QCe been one of our most popular machines for years. It is mainly used for sportswear and for leisure- and outerwear.” In Istanbul the OV 3.2 QCe on show will be a 30-inch, E40-gauge model.

D4-2.2 X for fine rib and interlock fabrics
The double-jersey D4-2.2 X is an obvious choice for knitting fine rib fabrics of up to E28 gauge. Spacer and interlock fabrics are also part of the machine’s established repertoire. And it can produce elastomeric plating in both cylinder and dial cam. No matter which of these tasks is assigned to the D4-2.2 X, it performs it with impressive productivity.

MV 4 3.2 II for flexibility in the single jersey sector
In the single jersey sector, the long-established German firm delivers a literally fine solution. The MV 4 3.2 II on show at the ITM knits to an E38 gauge. The machine can also be supplied for gauges from E14 to E60. It is, in addition, highly flexible, with a repertoire that ranges from piqué and double piqué to one-thread fleece and smooth single jersey.

Source:

Mayer & Cie.

26.04.2022

Lenzing Annual General Meeting approves all agenda items

  • Dividend of EUR 4.35 per share approved
  • Lenzing Supervisory Board reduced from ten to nine elected members
  • Dipl.-Bw. Peter Edelmann steps down from the Supervisory Board at his request
  • Cord Prinzhorn, MBA, elected Chairman of the Supervisory Board

The 78th Annual General Meeting of Lenzing AG on April 26, 2022, passed a resolution to pay a dividend of EUR 4.35 per share in accordance with the Managing Board’s profit distribution proposal, which had been approved by the Supervisory Board. As a consequence, the payment of the dividend amounts to a total of EUR 115,492,500. The payment will be made on May 03, 2022.

  • Dividend of EUR 4.35 per share approved
  • Lenzing Supervisory Board reduced from ten to nine elected members
  • Dipl.-Bw. Peter Edelmann steps down from the Supervisory Board at his request
  • Cord Prinzhorn, MBA, elected Chairman of the Supervisory Board

The 78th Annual General Meeting of Lenzing AG on April 26, 2022, passed a resolution to pay a dividend of EUR 4.35 per share in accordance with the Managing Board’s profit distribution proposal, which had been approved by the Supervisory Board. As a consequence, the payment of the dividend amounts to a total of EUR 115,492,500. The payment will be made on May 03, 2022.

The Annual General Meeting formally discharged the members of the Managing Board and the Supervisory Board from liability for the 2021 financial year, and set in advance the remuneration for the members of the Supervisory Board for the 2022 financial year. In addition, a vote was hold concerning the principles for the remuneration of the members of the Managing Board and the Supervisory Board (remuneration policy). The remuneration policy of Lenzing AG for the performance-based remuneration of the Managing Board is linked not only to financial performance criteria but also to non-financial sustainability criteria (ESG), which further promote the sustainable business strategy.

Elections to the Supervisory Board
Dipl.-Bw. Peter Edelmann stepped down from the Supervisory Board upon his own request, at the end of the Annual General Meeting. Mr. Edelmann has served as a member of the Supervisory Board since 2018 and as its Chairman since 2019, as well as on all committees of Lenzing AG.

The Annual General Meeting passed a resolution to extend the Supervisory Board mandates of Mag. Patrick Prügger (until the AGM that passes related resolutions concerning the 2022 financial year) and of Dr. Astrid Skala-Kuhmann (until the AGM that passes related resolutions concerning the 2025 financial year).

The Supervisory Board of Lenzing AG now consists of nine members elected by the AGM: Mag. Helmut Bernkopf, Dr. Christian Bruch, Dr. Stefan Fida, Dr. Markus Fürst, Dr. Franz Gasselsberger, Melody Harris-Jensbach, Cord Prinzhorn, MBA, Mag. Patrick Prügger and Dr. Astrid Skala-Kuhmann. Herbert Brauneis, Ing. Daniela Födinger, Helmut Kirchmair, Georg Liftinger und Johann Schernberger were appointed to the Supervisory Board by the Works Council.

At the constitutive Supervisory Board meeting following the AGM, Cord Prinzhorn, MBA, who had returned to the Supervisory Board after serving as CEO on an interim basis, was elected Chairman, and Dr. Stefan Fida was elected Deputy Chairman of the Supervisory Board.

Source:

Lenzing AG

(c) Bangladesh Apparel Exchange (BAE)
25.04.2022

The Sustainable Apparel Forum brings together government representatives and industry leaders

The Sustainable Apparel Forum takes place on 10 May 2022 in Dhaka, Bangladesh, bringing together government ministers and advisors, the European Union, UN bodies, brands, global fashion campaigners, brands, manufacturers and industry leaders.

This year’s SAF, the third such event, aims to establish Bangladesh as one of the world’s most responsible apparel sourcing destinations. That’s why senior government representatives will be speaking and in attendance, listening to the needs of industry and what needs to be done to take Bangladesh garment production to the next level.

Senior representatives from globally renowned recycling and renewable energy companies will also be in attendance as well as exhibit their sustainability and green technologies, products and solutions under the same roof.

The SAF will showcase opportunities for much-needed green financing in the industry.
Issues under the spotlight will include climate action, environmental social & governance (ESG) and green finance, purchasing practices, circular economy, and regulatory reforms.

The Sustainable Apparel Forum takes place on 10 May 2022 in Dhaka, Bangladesh, bringing together government ministers and advisors, the European Union, UN bodies, brands, global fashion campaigners, brands, manufacturers and industry leaders.

This year’s SAF, the third such event, aims to establish Bangladesh as one of the world’s most responsible apparel sourcing destinations. That’s why senior government representatives will be speaking and in attendance, listening to the needs of industry and what needs to be done to take Bangladesh garment production to the next level.

Senior representatives from globally renowned recycling and renewable energy companies will also be in attendance as well as exhibit their sustainability and green technologies, products and solutions under the same roof.

The SAF will showcase opportunities for much-needed green financing in the industry.
Issues under the spotlight will include climate action, environmental social & governance (ESG) and green finance, purchasing practices, circular economy, and regulatory reforms.

Speakers of the SAF include Dr Tawfiq-e-elahi Chowdhury, Bir Bikrom, adviser to the Prime Minister of Bangladesh on power, energy and mineral resources; Salman F Rahman, MP, adviser to the Prime Minister of Bangladesh on private industry & investment; Tipu Munshi, MP, commerce minister of Bangladesh; Begum Monnujan Sufian, MP, state minister for labor and employment of Bangladesh; Saber Hossain Chowdhury, MP, chairman of parliamentary standing committee on ministry of environment, forest and climate change of Bangladesh;  Anna Athanasopoulou, head of unit for social economy & creative industries European Commission;  Barbara Bijelic, financial sector and regulatory engagement lead centre for responsible business conduct, OECD;  Lindita Xhaferi-Salihu, sectors engagement lead, UNFCCC; Gagan Bansal, global material innovation & strategy manager, H&M; Javier Santonja Olcina,  regional head, Bangladesh & Pakistan, Inditex; Faruque Hassan, president, Bangladesh Garment Manufacturers & Exporters Association (BGMEA); Dr Mark Anner, founding director, Center for Global Workers’ Rights and also professor, Penn State University, USA; Ayesha Barenblat, founder and CEO, Remake;  Najet Draper, vice president research, Better Buying; and  Tuomo Poutiainen,  country director, Bangladesh, ILO.

Source:

Bangladesh Apparel Exchange (BAE)

Montalvo Honored to Work with Highly Prestigious TsingHua University (c) Montalvo
Montalvo Product Graphic
20.04.2022

Montalvo joins the University

  • Montalvo Honored to Work with Highly Prestigious TsingHua University

Montalvo, an international specialist in Web Tension Control and Web Handling, is honored to work with the highly prestigious TsingHua University in China. TsingHua is known as an elite university in China, with outstanding Research Programs where they focus on addressing global challenges by developing competitive and creative solutions. In this collaboration, TsingHua University purchased multiple pairs of Montalvo ES Load Cells and Amplifiers for their R&D project of a new Web Material Transfer Device. This partnership is a testimony to the accomplishments, successes, and ultimately the recognition Montalvo has earned in the web converting industry for their products, quality, and functionality having been selected by TsingHua University for this project.

  • Montalvo Honored to Work with Highly Prestigious TsingHua University

Montalvo, an international specialist in Web Tension Control and Web Handling, is honored to work with the highly prestigious TsingHua University in China. TsingHua is known as an elite university in China, with outstanding Research Programs where they focus on addressing global challenges by developing competitive and creative solutions. In this collaboration, TsingHua University purchased multiple pairs of Montalvo ES Load Cells and Amplifiers for their R&D project of a new Web Material Transfer Device. This partnership is a testimony to the accomplishments, successes, and ultimately the recognition Montalvo has earned in the web converting industry for their products, quality, and functionality having been selected by TsingHua University for this project.

CEO Bryon Williams says “This is a very exciting collaboration for Montalvo. We are enthused to be working with universities around the globe in all of our markets, and to be working with a university as prestigious as TsingHua is a great accomplishment. We are very proud to have China as one of our highest export markets as we have been consistently growing our exports to China and around the world. We know their standards are high and are proud that TsingHua has recognized Montalvo’s elite quality of products and highest levels of support. We are very excited to continue our work in providing the world with Better Support, Better Service, and Better Web Tension Control”. 

Source:

The Montalvo Corporation

Participants Embrace Renewed Face-to-Face Business with Global Leaders in Nonwovens & Engineered Materials at IDEA® 2022 and FiltXPO™ (c) INDA
IDEA22 Ribbon Cutting
06.04.2022

IDEA® Achievement Award honorees

  • Participants Embrace Renewed Face-to-Face Business with Global Leaders in Nonwovens & Engineered Materials at IDEA® 2022 and FiltXPO™

Approximately 5,000 participants embraced the opportunity to again engage in face-to-face business meetings with global leaders in nonwovens and engineered materials at IDEA® 2022 in Miami Beach, Fla., co-located with the second FiltXPO™,  North American’s only exhibition and conference dedicated exclusively to filtration and separation.

Industry participants at IDEA® 2022,  the 21 st edition of the world’s preeminent event for nonwovens and engineered fabric professionals, expressed their business confidence through the floor exhibits and the return to face-to-face business interaction. Scott Beir, Executive Officer, CFM Global, called IDEA® 2022 “an exceptional show.”

Bob Usher, Technical Director, US Fibers, added that his company made valuable business connections. According to Rolk Kammermann, Head of Sales and Marketing, Innovative Swiss Made Nonwovens, “the size and scope of IDEA and FiltXPO have been excellent for us as both exhibitors and as visitors.”

  • Participants Embrace Renewed Face-to-Face Business with Global Leaders in Nonwovens & Engineered Materials at IDEA® 2022 and FiltXPO™

Approximately 5,000 participants embraced the opportunity to again engage in face-to-face business meetings with global leaders in nonwovens and engineered materials at IDEA® 2022 in Miami Beach, Fla., co-located with the second FiltXPO™,  North American’s only exhibition and conference dedicated exclusively to filtration and separation.

Industry participants at IDEA® 2022,  the 21 st edition of the world’s preeminent event for nonwovens and engineered fabric professionals, expressed their business confidence through the floor exhibits and the return to face-to-face business interaction. Scott Beir, Executive Officer, CFM Global, called IDEA® 2022 “an exceptional show.”

Bob Usher, Technical Director, US Fibers, added that his company made valuable business connections. According to Rolk Kammermann, Head of Sales and Marketing, Innovative Swiss Made Nonwovens, “the size and scope of IDEA and FiltXPO have been excellent for us as both exhibitors and as visitors.”

Organized by INDA, IDEA® also featured five essential nonwovens training classes; market presentations from China, Asia, Europe, North America and South America; industry recognitions with the IDEA® Achievement Awards and the IDEA® Lifetime Achievement Awards; and a welcome reception celebration.

Also, organized by INDA, FiltXPO™ featured five panels of global leaders in filtration and separation for the first-ever “Summit for Global Change,” discussing societal challenges such as indoor air quality, environmental sustainability, pandemic readiness, clean water, and filtration standards.  The event also featured a 1.5-day filter media training course, and sessions highlighting filter media market trends and filtration industry statistics.  

Exhibitors and attendees noted the welcome return to meeting face-to-face among industry senior leaders participating in the three-day event.

A highlight of IDEA® was the announcement of the IDEA® Achievement Awards by INDA, in partnership with Nonwovens Industry magazine. Moderated by Rousse and Karen McIntyre, Editor, Nonwovens Industry the awards recognize the leading introductions in equipment, raw materials, short-life, long-life and nonwovens products, and sustainability, since the previous IDEA® Exposition in 2019.

In addition, INDA presented the IDEA® 2022 Lifetime Achievement Award to Val Hollingsworth, board chair and CEO of Hollingsworth & Vose, and Nonwovens Industry presented the IDEA® Entrepreneur Achievement Award to Doug Brown, president of Biax-Fiberfilm/5K Fibres at the event.

IDEA® 2022 Achievement Awards winners:

  • IDEA®  Equipment Achievement Award – Elastic Thread Anchoring (ETA) Sonotrode – Herrmann Ultrasonics, Inc.
  • IDEA®  Raw Material Achievement Award – ODOGard – Rem Brands, Inc.
  • IDEA® Short-Life Product Achievement Award – LifeSavers Wipes – LifeSavers LLC
  • IDEA® Long-Life Product Achievement Award – Nanofiber Cabin Air Filter – MANN + HUMMEL GmbH
  • IDEA®  Sustainability Advancement Award – Fiber-based Screw Caps – Glatfelter Corp. and Blue Ocean Closures
  • IDEA®  Nonwoven Product Achievement Award – HYDRASPUN® Aquaflo – Sustainable Nonwoven Substrates – Suominen Corporation
  • IDEA®, the Preeminent Event for the Nonwovens & Engineered Fabrics Industry, will next be held on its new 24-month schedule on April 23-25, 2024 in Miami Beach, Florida.

 

Names of the IDEA® Achievement Award honorees pictured:

Row 1, Left to right:
IDEA® Long-Life Product Achievement Award winner, Jon Nichols, MANN + HUMMEL, GmbH and Dave Rousse – Nanofiber Cabin Air Filter – MANN + HUMMEL, GmbH
IDEA®  Nonwoven Product Achievement Award winners, Pramod Shanbhag, Suominen Corporation, Karen McIntyre, Nonwovens Industry Magazine, and Avinav Nandgaonkar, HYDRASPUN® Aquaflo – Sustainable Nonwoven Substrates – Suominen Corporation
Row 2, left to right:
IDEA® Short-Life Product Achievement Award winner, Georgia Crawford, LifeSavers Wipes – LifeSavers LLC, and Karen McIntyre, Nonwovens Industry Magazine
IDEA® 2022 Lifetime Achievement Award winner, Val Hollingsworth, Hollingsworth & Vose, and Dave Rousse, President, INDA
IDEA®  Equipment Achievement Award winners, Uwe Peregi, Dave Rousse, and Thomas Herrmann – Elastic Thread Anchoring (ETA) Sonotrode – Herrmann Ultrasonics Inc.
Row 3, left to right:
IDEA®  Raw Material Achievement Award winner, David Schneider, ODOGard – Rem Brands, Inc. and Dave Rousse, INDA
IDEA®  Sustainability Advancement Award winner, Chris Astley, and Karen McIntyre Fiber-based Screw Caps – Glatfelter Corp. and Blue Ocean Closures
IDEA® Entrepreneur Achievement Award winner, Doug Brown, Biax-Fiberfilm / 5K Fibres

Georg Wendelin Foto: privat
Georg Wendelin
05.04.2022

EREMA mourns the passing of company co-founder Georg Wendelin

The EREMA Group mourns the passing of Georg Wendelin, company co-founder, former Managing Partner and long-time Chairman of the Supervisory Board of EREMA Group GmbH, who died on the 29th of March at the age of 84.

In 1983, at a time when plastics recycling was hardly an issue, Georg Wendelin, together with Helmut Bacher and Helmuth Schulz, laid the corner stone for the group of companies that today is a world market leader by founding the company and building the first EREMA plastics recycling machine. With pioneering spirit, a business acumen and his respectful and appreciative management style, Georg Wendelin actively shaped the success of the company, attentively and proudly keeping track of how plastics recycling went from being a niche to a trend and how the EREMA Group became a driving force behind the circular economy. In 2019, he was awarded the Golden Decoration of the Republic of Austria in recognition of his work.

The EREMA Group mourns the passing of Georg Wendelin, company co-founder, former Managing Partner and long-time Chairman of the Supervisory Board of EREMA Group GmbH, who died on the 29th of March at the age of 84.

In 1983, at a time when plastics recycling was hardly an issue, Georg Wendelin, together with Helmut Bacher and Helmuth Schulz, laid the corner stone for the group of companies that today is a world market leader by founding the company and building the first EREMA plastics recycling machine. With pioneering spirit, a business acumen and his respectful and appreciative management style, Georg Wendelin actively shaped the success of the company, attentively and proudly keeping track of how plastics recycling went from being a niche to a trend and how the EREMA Group became a driving force behind the circular economy. In 2019, he was awarded the Golden Decoration of the Republic of Austria in recognition of his work.

"We will greatly miss Georg Wendelin as a personality who was closely associated with us for all these years. Because of his humanity, he was a highly respected figure of leadership on all sides," said Manfred Hackl, CEO of EREMA Group GmbH and himself a long-time companion of Wendelin's.

More information:
EREMA Georg Wendelin
Source:

EREMA Group GmbH

Cobra
05.04.2022

COBRA to Sponsor and Manufacture JEC Trophies

Cobra International, leading manufacturer of advanced composite products for the water sports, automotive, marine, UAV, and industrial sectors, reinforces its long collaboration with the JEC Group by designing and manufacturing this year’s JEC Composites Innovation trophies. Cobra has designed and manufactured 35 composite material trophies for the JEC Composites Innovation and Start Up Booster competitions which will be presented during the 2022 awards ceremonies and throughout other JEC Group events in 2022.

Cobra International, leading manufacturer of advanced composite products for the water sports, automotive, marine, UAV, and industrial sectors, reinforces its long collaboration with the JEC Group by designing and manufacturing this year’s JEC Composites Innovation trophies. Cobra has designed and manufactured 35 composite material trophies for the JEC Composites Innovation and Start Up Booster competitions which will be presented during the 2022 awards ceremonies and throughout other JEC Group events in 2022.

The 2022 trophies are designed and produced by Cobra’s Design and Development department - the in house team that supports Cobra’s mass production operations with specialist expertise in product design, industrial design & prototyping. The sweeping curves of the trophies are influenced by perfume bottles, linking back to JEC’s French cultural heritage.  The design also combines a pallet of different materials to symbolise the JEC Group’s complete coverage of the composites sector. Acrylic, upcycled teak production waste from the furniture industry, Innegra™, flax, carbon, and aramid materials have been combined with Sicomin’s GreenPoxy 33 bio-resin to reference the award programme’s combined focus on innovation and sustainability.

The JEC Composites Innovation Awards are presented annually, recognising, and rewarding the most cutting-edge and ingenious projects that exploit the full potential of composite materials. Over the last 20 years, the JEC Composites Innovation and Startup programs have celebrated both innovation and partnership. The JEC Group will announce the winners for the 2022 JEC Composites Innovation awards on April 26th in Paris and in live streaming, and the Start-up Booster winners on May 3rd at JEC World.

“Cobra is delighted to reinforce its partnership with JEC Group, sponsoring and manufacturing the JEC trophies for 2022,” comments Danu Chotikapanich, CEO, Cobra.  “These are two of the most prestigious and respected awards programs within the composites industry and one that also matches Cobra’s ongoing commitment to innovation and sustainability improvements. Working with the latest bio resin technology, natural fibre reinforcements and upcycled composite and wood production waste materials our Design and Development team have created some stunning trophies for this year’s award season.”

Source:

COBRA International Co.,Ltd.

01.04.2022

Carbios presents its 2021 Annual Results

  • 2021 Annual Results: First IFRS consolidated statements integrating the subsidiary Carbiolice
  • Plan to build a first industrial facility with a strong financial support from the French Government and the Grand-Est Region: site selected in France in partnership with Indorama Ventures, world leader in the production recycled PET
  • Successful commissioning of a demonstration facility in September 2021 and confirmation of the validity of the scale-up of Carbios’ enzymatic recycling technology
  • Takeover of Carbiolice and full integration in the consolidated IFRS statements since June 4th, 2021
  • Appointment of Philippe Pouletty as Chairman of the Board of Directors on April 1st, 2022
  • Appointment of Emmanuel Ladent as CEO of the Company on December 1st, 2021
  • Strengthening of Carbios’ financial structure: capital increase of €114 million with French and International investors and €30 million loan from the European Investment Bank (EIB)
  • Group’s cash position of €105 million as of December 31, 2021, which does not include the €30 million EIB loan due to be drawn down in the first half of 2022

Carbios,

  • 2021 Annual Results: First IFRS consolidated statements integrating the subsidiary Carbiolice
  • Plan to build a first industrial facility with a strong financial support from the French Government and the Grand-Est Region: site selected in France in partnership with Indorama Ventures, world leader in the production recycled PET
  • Successful commissioning of a demonstration facility in September 2021 and confirmation of the validity of the scale-up of Carbios’ enzymatic recycling technology
  • Takeover of Carbiolice and full integration in the consolidated IFRS statements since June 4th, 2021
  • Appointment of Philippe Pouletty as Chairman of the Board of Directors on April 1st, 2022
  • Appointment of Emmanuel Ladent as CEO of the Company on December 1st, 2021
  • Strengthening of Carbios’ financial structure: capital increase of €114 million with French and International investors and €30 million loan from the European Investment Bank (EIB)
  • Group’s cash position of €105 million as of December 31, 2021, which does not include the €30 million EIB loan due to be drawn down in the first half of 2022

Carbios, a pioneer in the development of enzymatic solutions dedicated to the end-of-life of plastic, announced its operating and financial results for the year 2021. The financial statements as of December 31, 2021, were approved by the Company’s Board of Directors at their meeting on March 31, 2022.

“In 2021, Carbios achieved several technical and industrial milestones testifying of the soundness and successful execution of our strategy. The excellent results obtained from our demonstration plant confirms the industrial scale-up potential of our biological technology for the recycling of PET plastics and fibers. Together with our Consortium members, we also produced the world’s first food-grade PET sample bottles produced entirely from enzymatically recycled plastics; a world first. In addition, we have strengthened our financial structure by raising a landmark €114 million in May 2021 and we have taken full control of Carbiolice in June. In line with our objectives and with a strong financial support from the French Government and the Grand-Est Region, we will soon enable France to host the world’s first industrial facility dedicated to the biological recycling of plastics. Carbios’ enzymatic process will make it possible to recycle more than 50,000 tons of PET plastic waste per year,” comments Emmanuel Ladent, CEO of Carbios. “Our priority for 2022 is to finalize the terms of our partnership with Indorama Ventures, which will host the world’s first industrial facility operating our biological recycling process at its French production site in Longlaville. This year will also be about optimizing our commercial strategy, while continuing our innovation efforts on the end-of-life of other polymers.”

Click here to for further information.

Source:

Carbios

(c) C.L.A.S.S.
31.03.2022

C.L.A.S.S.: Winner of the IMAGINING SUSTAINABLE FASHION competition announced

The winner of the IMAGINING SUSTAINABLE FASHION competition was announced during a webinar broadcast on March 30 at 4pm attended by Giusy Bettoni, CEO of C.L.A.S.S. Eco Hub, Anna Detheridge, President of Connecting Cultures, Dio Kurazawa, Founding Partner of The Bear Scouts, Stefania Ricci, Director of the Salvatore Ferragamo Museum.
 
Vishal Tolambia, 24, a graduate with an MA in Fashion Futures from the London College of Fashion and in Fashion Design from the National Institute of Fashion Technology India, is a Fashion Sustainability researcher and a multidisciplinary designer. In 2021, Vishal founded the organization Humanity-Centred Designs (HCD) with the aim of transforming "human-centred design into humanity-centred designs through sustainable practices to foster the Fashion Industry."
 

The winner of the IMAGINING SUSTAINABLE FASHION competition was announced during a webinar broadcast on March 30 at 4pm attended by Giusy Bettoni, CEO of C.L.A.S.S. Eco Hub, Anna Detheridge, President of Connecting Cultures, Dio Kurazawa, Founding Partner of The Bear Scouts, Stefania Ricci, Director of the Salvatore Ferragamo Museum.
 
Vishal Tolambia, 24, a graduate with an MA in Fashion Futures from the London College of Fashion and in Fashion Design from the National Institute of Fashion Technology India, is a Fashion Sustainability researcher and a multidisciplinary designer. In 2021, Vishal founded the organization Humanity-Centred Designs (HCD) with the aim of transforming "human-centred design into humanity-centred designs through sustainable practices to foster the Fashion Industry."
 
In his communication project, the "Fashion Affair" video proposes a speculative view of fashion dating - derived from dating apps - a tool to effectively evaluate brands and their products, in the form of augmented reality. The consumer is not only informed in real time about the brand and supply chain, but the app also becomes a platform for matching products based on individual sustainability goals and commitments. "Fashion Affair" also won the special social media contest open to the public among the finalists selected by the jury for being the most voted project by Instagram followers on C.L.A.S.S.' profile.
 
Vishal ranked first among the finalists selected by the international jury composed of:
- Anna Detheridge, Founder and President, Connecting Cultures
- Giusy Bettoni, CEO and Founder, C.L.A.S.S.
- Rita Airaghi, Director, Gianfranco Ferré Research Center            
- Paola Arosio, Head of New Brands & Sustainability Projects, Camera Nazionale della Moda Italiana (The National Chamber for Italian Fashion)
- Jeanine Ballone, Managing Director, Fashion 4 Development
- Evie Evangelou, Founder and President, Fashion 4 Development
- Chiara Luisi, Sustainability Projects Coordinator, Camera Nazionale della Moda Italiana (The National Chamber for Italian Fashion)
- Sara Kozlowski, Director of Education and Sustainable Strategies, Council of Fashion Designers of America
- Dio Kurazawa, Founding Partner, The Bear Scouts
- Renata Molho, journalist and fashion writer, former editor-in-chief of L'Uomo Vogue and editor-at-large of L'Uomo Vogue, Vogue Italia, Casa Vogue
- Stefania Ricci, Director, Salvatore Ferragamo Museum.

Hexcel Introduces G-Vent Technology into Marine Market (c) Hexcel
New technology for marine composites proven to reduce time and cost in manufacturing through out-of-autoclave processing
30.03.2022

Hexcel Introduces G-Vent Technology into Marine Market

  • New technology for marine composites proven to reduce time and cost in manufacturing through out-of-autoclave processing

Hexcel Corporation (NYSE: HXL) has developed a new technology for out-of-autoclave (OoA) processing that delivers a game-changing reduction in process time and cost for marine manufacturers without compromising mechanical performance. Hexcel has leveraged its experience in aerospace and wind energy to develop its new G-Vent technology for OoA processing of highly loaded, thick section marine structures such as masts, foils, and wind-assisted ship propulsion (WASP) components. Hexcel’s full range of marine prepregs are now available with integrated G-Vent technology, reducing the requirement for debulking steps and ensuring extremely low porosity (<1%) irrespective of the laminate thickness.

  • New technology for marine composites proven to reduce time and cost in manufacturing through out-of-autoclave processing

Hexcel Corporation (NYSE: HXL) has developed a new technology for out-of-autoclave (OoA) processing that delivers a game-changing reduction in process time and cost for marine manufacturers without compromising mechanical performance. Hexcel has leveraged its experience in aerospace and wind energy to develop its new G-Vent technology for OoA processing of highly loaded, thick section marine structures such as masts, foils, and wind-assisted ship propulsion (WASP) components. Hexcel’s full range of marine prepregs are now available with integrated G-Vent technology, reducing the requirement for debulking steps and ensuring extremely low porosity (<1%) irrespective of the laminate thickness.

To evaluate the new technology, Hexcel completed a test program with Q.I. Composites, a world leader in non-destructive testing in performance marine applications. The program evaluated HexPlyÒ 40- layer prepreg samples prepared with G-Vent technology. Carbon fiber panels made with no debulking revealed approximately three times less porosity than those using a typical 10-minute debulk with every second ply. Ultrasonic and CT scan analysis by Q.I. Composites confirmed the void content results with porosity levels in line with state-of-the-art autoclaved carbon prepreg foils. Key tensile, compressive and interlaminar shear strength results were also higher for the G-Vent panels.

“We evaluated the quality of thick laminates produced with G-Vent and found that they are comparable to laminates made in an autoclave as per best practice in the market,” said Stefano Beltrando, CEO, Q.I. Composites. “Even more impressive, they were achieved with no debulking.” Tom James, Business Development Manager at Hexcel, said, “We are absolutely delighted with the feedback from Q.I. that confirms our own test data and positions G-Vent technology as a leading OoA process enabler for high-performance thick laminate structures. G-Vent provides a faster and more cost-effective manufacturing route for large marine structures with absolutely no compromise in mechanical performance.”

Source:

100percentmarketing

Oerlikon Barmag celebrates its 100th anniversary (c) Oerlikon Barmag
A look at the state-of-the-art assembly of a WINGS winder
30.03.2022

Oerlikon Barmag celebrates its 100th anniversary

  • Innovation begins with creativity
  • A pioneer of the manmade fiber industry

When the manmade fiber age began a century ago, a German company was responsible for the pioneering work involved. Barmag, established in 1922, was one of the world’s first companies to construct machines for the large-scale production of synthetic staple fibers. To this day, the leading manufacturer of manmade fiber spinning systems and texturing machines in Remscheid – a brand under the aegis of the Swiss Oerlikon Group since 2007 – has shaped technological progress in this sector; in future, with ever more innovations focusing on sustainability and digitalization.

  • Innovation begins with creativity
  • A pioneer of the manmade fiber industry

When the manmade fiber age began a century ago, a German company was responsible for the pioneering work involved. Barmag, established in 1922, was one of the world’s first companies to construct machines for the large-scale production of synthetic staple fibers. To this day, the leading manufacturer of manmade fiber spinning systems and texturing machines in Remscheid – a brand under the aegis of the Swiss Oerlikon Group since 2007 – has shaped technological progress in this sector; in future, with ever more innovations focusing on sustainability and digitalization.

Barmer Maschinenfabrik Aktiengesellschaft (Barmag) is founded in Barmen, located in the Bergische Land region, on March 27, 1922. The German and Dutch founders enter unchartered technological territory, one created as the result of a groundbreaking invention: in 1884, French chemist Count Hilaire Bernigaud de Chardonnet used nitrocellulose to produce the first so-called artificial silk, later known as rayon. The following decades see rapid development focusing on the search for synthetic textile fibers and their manufacturing technologies. As one of the first machine factories, Barmag battles its way through the eventful early years of the manmade fiber industry, the ‘Roaring Twenties’ and the Great Depression – and suffers the extensive destruction of its factories at the end of World War Two. Rebuilding is successful. With the unstoppable success story of purely synthetic plastic fibers such as polyamide, the company flourishes from the 1950s through to the 1970s, establishing sites in all international, for the textile industry at the time important, industrial regions and garnering prestige across the globe in the process. In the ups and downs of expansion, global competition and crises, Barmag reaches the very pinnacle of the market and becomes the preferred technological development partner for the manmade fiber industries in China, India and Turkey. The company has been a high-impact brand under the umbrella of the Oerlikon Group since 2007.

On the wings of innovation
Today, Oerlikon Barmag is a leading supplier of manmade fiber filament spinning systems and part of the Manmade Fibers Solutions business unit of the Oerlikon Polymer Processing Solutions Division. And our aspirations have not diminished: “The striving towards innovation and technological leadership has been, is and will always be part of our DNA”, emphasizes Georg Stausberg, CEO of Oerlikon Polymer Processing Solutions. In the past, this has been observable in such trailblazing innovations as the revolutionary WINGS generation of winders for POY in 2007 and WINGS for FDY in 2012. Currently, the focus of new and further developments is very much on digitalization and sustainability. Here, Oerlikon Barmag has – as one of the world’s first systems manufacturers – been implementing fully-networked smart factories for globally-leading polyester manufacturers since the end of the last decade. Within this context, digital solutions and automation are also helping to provide greater climate and environmental compatibility. This sustainability commitment is not only evidenced by the e-save label introduced for all products back in 2004: Oerlikon is endeavoring to also make all its sites carbon-neutral by 2030 and to acquire its energy exclusively from renewable sources. An ambitious target, whose achievement could be helped by the Oerlikon Barmag anniversary, states Georg Stausberg: “Innovation begins with creativity. And remembering the past provides plenty of motivation and inspiration for the future.”

29.03.2022

C.L.A.S.S. SMART VOICES: A Spotlight On Water Saving Solutions

According to the United Nations Conference of Trade and Development, the fashion and textile industry represents one of the major polluters of water in the world, with an estimated 93 billion cubic metres of water used per year.

On the occasion of Water Day, C.L.A.S.S. CEO and Founder Giusy Bettoni talked to Sensil® BioCare, Kornit, Ecoalf and Unesco on how their strategies and processes can preserve our most precious, yet limited resource.

Key Takeaways from the Speakers:
"The ocean is absolutely crucial for the survival of this planet, since it almost covers 71 percent of its surface. Writer Arthur Clarke once said: how inappropriate is to call this planet earth, when it is clearly planet ocean."
- Francesca Santoro, Programme Specialist at IOC UNESCO Regional Bureau for Science and Culture in Europe

According to the United Nations Conference of Trade and Development, the fashion and textile industry represents one of the major polluters of water in the world, with an estimated 93 billion cubic metres of water used per year.

On the occasion of Water Day, C.L.A.S.S. CEO and Founder Giusy Bettoni talked to Sensil® BioCare, Kornit, Ecoalf and Unesco on how their strategies and processes can preserve our most precious, yet limited resource.

Key Takeaways from the Speakers:
"The ocean is absolutely crucial for the survival of this planet, since it almost covers 71 percent of its surface. Writer Arthur Clarke once said: how inappropriate is to call this planet earth, when it is clearly planet ocean."
- Francesca Santoro, Programme Specialist at IOC UNESCO Regional Bureau for Science and Culture in Europe

"Sensil® BioCare is our solution to reduce the persistence of textile waste in the ocean. We embedded technology in it so that if any microfiber is released in the washing, they will break down faster than conventional nylon. Based on an external study, we have seen an almost 60 percent microplastic reduction in two years"
- Michelle Lea, Vice President Global Marketing at Nilit

"When it comes to our printing processes, almost no water is in use and the waste is minimal. We have never seen this before in this industry. Based on LCA tests, when compared to screen printing our "Atlas Max" printer saves up to 93 percent of water, while the "Presto" printer saves up to 95 percent of water".
- Michal Arbel, Sustainability Communication Lead at Kornit Digital

"One of the most important projects of the company is Upcycling the Oceans, with the aim of tackling the marine litter in collaboration with the fishing sector. Last year, we collected 300 tons of litter from the seabed, and we promoted circular economy by transforming the waste in products."
- Irene Diez, Director at Ecoalf Foundation

Three Startups receive the Paint the Future award from AkzoNobel (c) AkzoNobel
24.03.2022

Three Startups receive the Paint the Future award from AkzoNobel

The three winners of the Paint the Future global startup challenge are all set to accelerate their innovative solutions for the paints and coatings industry. Following an intense three-day bootcamp, these startups were selected by an international jury to continue working with AkzoNobel on sustainable business opportunities.
 
These are the three winners of the Paint the Future global startup challenge:

  • SolCold (Israel) - Sustainable self-cooling coating based on anti-Stokes
  • Aerones (Latvia) - Robotics for wind turbine maintenance
  • SprayVision (Czech Republic) - Data-driven approach to optimal spray application of paint

“Through Paint the Future, we’re bringing innovation and sustainability together as a key driver of our business,” says Thierry Vanlancker, AkzoNobel CEO. “In our ecosystem, we collaborate with startups, suppliers, customers and academia around exciting solutions that will ensure a more sustainable future.”

The three winners of the Paint the Future global startup challenge are all set to accelerate their innovative solutions for the paints and coatings industry. Following an intense three-day bootcamp, these startups were selected by an international jury to continue working with AkzoNobel on sustainable business opportunities.
 
These are the three winners of the Paint the Future global startup challenge:

  • SolCold (Israel) - Sustainable self-cooling coating based on anti-Stokes
  • Aerones (Latvia) - Robotics for wind turbine maintenance
  • SprayVision (Czech Republic) - Data-driven approach to optimal spray application of paint

“Through Paint the Future, we’re bringing innovation and sustainability together as a key driver of our business,” says Thierry Vanlancker, AkzoNobel CEO. “In our ecosystem, we collaborate with startups, suppliers, customers and academia around exciting solutions that will ensure a more sustainable future.”

Paint the Future startup challenges are designed to connect startups with industry knowledge and expertise to help accelerate their solutions in the paints and coatings industry. This Paint the Future global startup challenge launched May 18, 2021, attracting 245 submissions from 62 countries. Ten finalists were invited to Amsterdam to participate in the bootcamp program.
 
This is AkzoNobel’s second global startup challenge, following its industry-first predecessor in 2019. Regional startup challenges have since been held in Brazil (2020), China (2021), and most recently in India (2022).

More information:
AkzoNobel Sustainability Coatings
Source:

AkzoNobel

23.03.2022

Annual General Meeting approves dividend of CHF 1.50 per share

The shareholders of Autoneum Holding Ltd approved all proposals of the Board of Directors at today’s Annual General Meeting and agreed to the proposed dividend of CHF 1.50 per share. Norbert Indlekofer becomes a new member of the Compensation Committee following the previously announced departure of This E. Schneider.

In accordance with Ordinance 3 on Measures to Combat the Coronavirus (COVID-19), the Board of Directors of Autoneum Holding Ltd decided to hold the 2022 Annual General Meeting without the physical presence of the shareholders. For this reason, the Company asked them in advance to exercise their rights exclusively through the independent voting proxy. He represented 66.9% of a total of 4 672 363 shares.

The shareholders approved the Annual Report, the Annual Financial Statements and the Consolidated Financial Statements for 2021 as well as the proposed appropriation of available earnings. A dividend of CHF 1.50 per registered share will be paid out as of March 29, 2022. This corresponds to a distribution of around CHF 7 million, or around 30% of the consolidated profit attributable to Autoneum shareholders.

The shareholders of Autoneum Holding Ltd approved all proposals of the Board of Directors at today’s Annual General Meeting and agreed to the proposed dividend of CHF 1.50 per share. Norbert Indlekofer becomes a new member of the Compensation Committee following the previously announced departure of This E. Schneider.

In accordance with Ordinance 3 on Measures to Combat the Coronavirus (COVID-19), the Board of Directors of Autoneum Holding Ltd decided to hold the 2022 Annual General Meeting without the physical presence of the shareholders. For this reason, the Company asked them in advance to exercise their rights exclusively through the independent voting proxy. He represented 66.9% of a total of 4 672 363 shares.

The shareholders approved the Annual Report, the Annual Financial Statements and the Consolidated Financial Statements for 2021 as well as the proposed appropriation of available earnings. A dividend of CHF 1.50 per registered share will be paid out as of March 29, 2022. This corresponds to a distribution of around CHF 7 million, or around 30% of the consolidated profit attributable to Autoneum shareholders.

Hans-Peter Schwald, Chairman of the Board of Directors, emphasized in his video message that the return to profitability and the distribution of a dividend are to be viewed as a positive sign and a success, especially given the challenging environment. CEO Matthias Holzammer, for his part, indicated how important the corporate strategy is for the ongoing and future success of the Company and how it was implemented last year. In addition, he highlighted that through its own strengths Autoneum had managed to improve its operating result in all four regions and to position itself well for the future.

Chairman Hans-Peter Schwald and the other members of the Board of Directors Rainer Schmückle, Liane Hirner, Norbert Indlekofer, Michael Pieper, Oliver Streuli and Ferdinand Stutz were confirmed in office for another year. Hans-Peter Schwald, Ferdinand Stutz and Oliver Streuli were re-elected to the Compensation Committee. Newly elected to the Compensation Committee was Norbert Indlekofer.

Source:

Autoneum AG

Graphic: Global Fashion Agenda
17.03.2022

Global Fashion Agenda and UN Climate Change Secretariat join forces

Global Fashion Agenda (GFA), the non-profit organisation that fosters collaboration on sustainability in fashion to drive impact, has forged a new alliance with UN Climate Change secretariat (UNFCCC) to accelerate the fashion industry’s climate action.
 
The Fashion On Climate report projects that if the fashion industry does not accelerate its response to climate change, by 2030 it will produce around twice the volume of greenhouse gas emissions required to align with the Paris Agreement global warming pathways by 2050. With the urgent need for industry transformation, the new alliance between GFA and UNFCCC will accelerate the impact of the UN Fashion Industry Charter for Climate Action which aims to drive the fashion industry to net-zero emissions no later than 2050 in line with keeping global warming below 1.5 degrees.
 

Global Fashion Agenda (GFA), the non-profit organisation that fosters collaboration on sustainability in fashion to drive impact, has forged a new alliance with UN Climate Change secretariat (UNFCCC) to accelerate the fashion industry’s climate action.
 
The Fashion On Climate report projects that if the fashion industry does not accelerate its response to climate change, by 2030 it will produce around twice the volume of greenhouse gas emissions required to align with the Paris Agreement global warming pathways by 2050. With the urgent need for industry transformation, the new alliance between GFA and UNFCCC will accelerate the impact of the UN Fashion Industry Charter for Climate Action which aims to drive the fashion industry to net-zero emissions no later than 2050 in line with keeping global warming below 1.5 degrees.
 
The collaboration will be activated around the organisations’ prestigious forums including GFA’s Global Fashion Summit and UNFCCC’s annual Conference of Parties (COP). Through these forums, the organisations will collaborate to unite fashion leaders and core stakeholders to facilitate knowledge sharing, impactful partnerships, and the implementation of bold actions needed to meet the Fashion Charter targets.
 
Global Fashion Summit: Copenhagen Edition 2022, the leading international forum for sustainability in fashion, will take place on 7-8 June in the grand setting of the Royal Opera House, Copenhagen, Denmark. Under the theme ‘Alliances For a New Era’ - the Summit will endeavour to form previously inconceivable alliances within the fashion industry and also examine atypical cross-industry alliances, in a bid to accelerate the transition to a net positive reality.
 
UNFCCC will, through the Fashion Charter, contribute to the Summit content, where they will share insights on its progress and what further solutions are needed. UNFCCC will also hold its annual Fashion Charter meeting at the Summit, where the organisations will convene relevant experts to join resources and discuss tools that can enable the sector to achieve its climate targets laid out in the charter. The alliance will also continue for future editions Global Fashion Summit in other locations, in addition to Copenhagen.
 
Beyond the Summit, GFA and UNFCCC will continue to work together to elevate publications and reports, such as the Fashion CEO Agenda, and inform Fashion Charter meetings during COP27 to raise awareness among leaders on the most pressing issues and priorities and urging commitments from industry leaders to drive change within social, environmental and circular dimensions.
 
Federica Marchionni, CEO, Global Fashion Agenda, says: “GFA is striving to create impactful alliances that can accelerate the fashion industry’s transition to a net zero reality. We are therefore thrilled to be collaborating with UNFCCC as its Fashion Charter is an essential tool to mobilise the necessary industry transformation. Through our collaboration, we hope to bring together core fashion stakeholders, foster pre-competitive collaboration and provide even deeper insights and guidance to advance progress.”
 
Niclas Svenningsen, Climate Action manager, UNFCCC, says, “We are excited for this opportunity to reinforce our collaboration with the Global Fashion Agenda. The climate crisis is today the paramount issue for the fashion sector to address. While the Fashion Charter brings together a wide range of stakeholders to work collaboratively on solutions, the Global Fashion Agenda is an important venue for broader sustainability discussions in the fashion sector. We see many opportunities for further strengthening and highlighting both the sustainability and the climate work through this collaboration.”

16.03.2022

Sarah Borghi's Green Collection is back with a range of sustainable tights and stockings

For its 2021 Green Collection, the Italian luxury hosiery brand Sarah Borghi presents a broadened product offer in terms of colors and categories, meeting the needs of a stylish, yet sustainable consumer. By mixing fashion, quality, innovation and research, the tights and stockings powerhouse continues its development in the journey towards a conscious future.

A decisive step has been added to the brand’s history thanks to the publication of the Integrated Report by Gizeta Calze. Sarah Borghi is one of the first Italian companies in the hosiery sector to include sustainability throughout its business model. A commitment of responsibility and transparency on a path that has been carried on for years and that, today more than ever, becomes of the utmost importance, as stated by Luca Marzocchi, CEO of Gizeta Calze. The Integrated Report provides a complete view of the business strategy, operating model and governance, which combines financial information with sustainability insights, conceived as complementary to other strategies and, indeed, essential for increasing business value.

For its 2021 Green Collection, the Italian luxury hosiery brand Sarah Borghi presents a broadened product offer in terms of colors and categories, meeting the needs of a stylish, yet sustainable consumer. By mixing fashion, quality, innovation and research, the tights and stockings powerhouse continues its development in the journey towards a conscious future.

A decisive step has been added to the brand’s history thanks to the publication of the Integrated Report by Gizeta Calze. Sarah Borghi is one of the first Italian companies in the hosiery sector to include sustainability throughout its business model. A commitment of responsibility and transparency on a path that has been carried on for years and that, today more than ever, becomes of the utmost importance, as stated by Luca Marzocchi, CEO of Gizeta Calze. The Integrated Report provides a complete view of the business strategy, operating model and governance, which combines financial information with sustainability insights, conceived as complementary to other strategies and, indeed, essential for increasing business value.

The collection presents a range of versatile, colorful products combined with extra-luxury comfort and designed for every type of woman: from seductive tights to everyday socks, together with knee- highs, up to athleisure with leggings.
 
The collection features two new generation materials. One is Amni Soul Eco®, a biodegradable in anaerobic conditions polyamide 6.6 yarn that degrades in around 5 years* after disposing of in landfill, developed by SOLVAY and produced and distributed by FULGAR. The other is ROICA™ V550 by leading fiber manufacturer Asahi Kasei, a premium sustainable stretch yarn boasting the Gold Level Material Health Certificate by Cradle-to-Cradle Product Innovation Institute** as it has been evaluated for impact on human and environmental health. Moreover, it smartly breaks down without releasing harmful substances in the environment according to Hohenstein Environment Compatibility Certification. Key elements that makes ROICA™ V550 a precious choice when it comes to Circular Economy material approach.


*Reference System: ASTM D5511 - Standard Test Method for the Determination of Anaerobic Biodegradation of Plastics Under High-solids Anaerobic Digestion Conditions
** The Cradle-to-Cradle Product Innovation Institute, a non -profit organization, administer the Cradle-to-Cradle Certified™ Product Standard. It was created to bring about a new industrial revolution that turns the making of things into a positive force of society, economy and the planet. The Cradle-to-Cradle Certified Product Standard™ provides designers and manufacturers with criteria and requirements for continually improving what products are made of and how they are made aiming to achieve a circular economy approach.

Source:

ROICA™ / Sarah Borghi / GB Network

Stephan Sielaff appointed as new CEO of Lenzing AG – changes in the Managing Board and the Supervisory Board
Stephan Sielaff
14.03.2022

Stephan Sielaff appointed as new CEO of Lenzing AG – changes in the Managing Board and the Supervisory Board

  • Stephan Sielaff replaces interim CEO Cord Prinzhorn
  • CFO Thomas Obendrauf will not extend his contract
  • Chairman of the Supervisory Board Peter Edelmann will no longer be available as Chairman at the end of the Annual Shareholders’ Meeting
  • Cord Prinzhorn returns to Supervisory Board and will take over as Chairman

Lenzing – The Supervisory Board of Lenzing AG, the world’s leading manufacturer of wood-based cellulosic fibers, has appointed Stephan Sielaff, the former CTO/COO of Lenzing AG, as the new CEO effective April 01, 2022. He succeeds Cord Prinzhorn, who took over as interim CEO in the fourth quarter of 2021. Cord Prinzhorn will return to the Supervisory Board of Lenzing AG. The Managing Board will thus be reduced again from five to four members.

  • Stephan Sielaff replaces interim CEO Cord Prinzhorn
  • CFO Thomas Obendrauf will not extend his contract
  • Chairman of the Supervisory Board Peter Edelmann will no longer be available as Chairman at the end of the Annual Shareholders’ Meeting
  • Cord Prinzhorn returns to Supervisory Board and will take over as Chairman

Lenzing – The Supervisory Board of Lenzing AG, the world’s leading manufacturer of wood-based cellulosic fibers, has appointed Stephan Sielaff, the former CTO/COO of Lenzing AG, as the new CEO effective April 01, 2022. He succeeds Cord Prinzhorn, who took over as interim CEO in the fourth quarter of 2021. Cord Prinzhorn will return to the Supervisory Board of Lenzing AG. The Managing Board will thus be reduced again from five to four members.

More information:
Lenzing AG Stephan Sielaff
Source:

Lenzing Aktiengesellschaft

13.03.2022

JEC Group supports Composites Expert To launch E-learning Composites Academy

On March 10th, JEC Group and Composites Expert have signed a partnership agreement to promote E-learning Composites Academy, the first 4.0 training platform dedicated to manufacturing processes of composite materials.

This partnership will start with two first steps: an introduction webinar session on March 15th at 4pm CET, and two sessions of training during JEC World 2022, on Tuesday, May 3rd and Wednesday, May 4th, in Paris where Composites Expert will present the E-learning Composites Academy, a new pedagogical approach aimed at appropriating knowledge of polymer transformation specially developed by Composites Expert.

Tools have been designed to combine the theoretical part (E-Learning course platform) and the practical part (BOXs, software, process simulator, exercises through manipulation) to observe complex phenomena, with the aim of mastering and optimising transformation processes. The aim of this presentation is to introduce people to the learning method and the interactivity of the teaching aids used in industry and education.

On March 10th, JEC Group and Composites Expert have signed a partnership agreement to promote E-learning Composites Academy, the first 4.0 training platform dedicated to manufacturing processes of composite materials.

This partnership will start with two first steps: an introduction webinar session on March 15th at 4pm CET, and two sessions of training during JEC World 2022, on Tuesday, May 3rd and Wednesday, May 4th, in Paris where Composites Expert will present the E-learning Composites Academy, a new pedagogical approach aimed at appropriating knowledge of polymer transformation specially developed by Composites Expert.

Tools have been designed to combine the theoretical part (E-Learning course platform) and the practical part (BOXs, software, process simulator, exercises through manipulation) to observe complex phenomena, with the aim of mastering and optimising transformation processes. The aim of this presentation is to introduce people to the learning method and the interactivity of the teaching aids used in industry and education.

“One of JEC Group’s objectives is to develop access to education to help the composites industry to attract and train talented professionals. So, we are very proud to announce this partnership and to support Composites Expert initiatives, as joining common efforts and strategies will benefit to the overall industry”, stated Anne-Carole Barbarin, Content and Product development Director.

“The partnership with JEC Group is a major step towards the development of our training platform, while several manufacturers have already supported us, such as Arkema, Chomarat, Daher, Diatex, Pinette PEI, Porcher, Sopara, joining JEC World to officially launch our platform is an amazing opportunity.”, stated Jean-Pierre Cauchois, CEO Composites Expert.

These training sessions are targeting companies’ employees who would like to improve their expertise, to study professional reconversion, the companies who would like to know more or use composite materials, and universities and school for students to go from theory to practical exercises.

Source:

JEC Group

Stephan Sielaff Photo: Lenzing. Stephan Sielaff appointed as new CEO of Lenzing AG
09.03.2022

Stephan Sielaff appointed as new CEO of Lenzing AG

  • Stephan Sielaff replaces interim CEO Cord Prinzhorn

  • CFO Thomas Obendrauf will not extend his contract

  • Chairman of the Supervisory Board Peter Edelmann will no longer be available as Chairman at the end of the Annual Shareholders’ Meeting

  • Cord Prinzhorn returns to Supervisory Board and will take over as Chairman

The Supervisory Board of Lenzing AG has appointed Stephan Sielaff, the former CTO/COO of Lenzing AG, as the new CEO effective April 01, 2022. He succeeds Cord Prinzhorn, who took over as interim CEO in the fourth quarter of 2021. Cord Prinzhorn will return to the Supervisory Board of Lenzing AG. The Managing Board will thus be reduced again from five to four members.

  • Stephan Sielaff replaces interim CEO Cord Prinzhorn

  • CFO Thomas Obendrauf will not extend his contract

  • Chairman of the Supervisory Board Peter Edelmann will no longer be available as Chairman at the end of the Annual Shareholders’ Meeting

  • Cord Prinzhorn returns to Supervisory Board and will take over as Chairman

The Supervisory Board of Lenzing AG has appointed Stephan Sielaff, the former CTO/COO of Lenzing AG, as the new CEO effective April 01, 2022. He succeeds Cord Prinzhorn, who took over as interim CEO in the fourth quarter of 2021. Cord Prinzhorn will return to the Supervisory Board of Lenzing AG. The Managing Board will thus be reduced again from five to four members.

Stephan Sielaff holds a degree in chemical engineering and held various management positions at Unilever and Symrise from 1993 to 2014. Between 2014 and 2020, he was responsible for the strategic development of the company as a Member of the Board of Directors (COO) at the Swiss specialty chemicals company Archroma – an important supplier of the textile and paper industry. He was appointed Chief Technology Officer and COO of Lenzing AG as of March 01, 2020.

CFO Thomas Obendrauf has informed the Supervisory Board that he will not be available for a further extension of his contract, which expires in June 2022. The Supervisory Board of Lenzing AG is already working on a timely replacement. Mr. Obendrauf will be available to the company in an advisory capacity until a successor is appointed.

Peter Edelmann will leave the Supervisory Board upon his own request, effective April 26, 2022. Cord Prinzhorn will return to the Supervisory Board and will take over as Chairman.

09.03.2022

adidas delivers strong results in 2021

  • adidas expects double-digit sales growth in 2022

Major developments FY 2021

•    Currency-neutral revenues up 16% driven by growth in all markets
•    Excellent top-line momentum in EMEA, North America and Latin America with strong double-digit increases in each region
•    Double-digit growth in DTC reflecting improvements in both online and offline
•    Gross margin increases to 50.7% driven by higher full-price sales and better inventory management  
•    Operating margin increases 5.3 percentage points to 9.4%  
•    Net income from continuing operations grows more than € 1 billion to € 1.492 billion
•    Executive and Supervisory Boards propose dividend increase of 10% to € 3.30 per share

Outlook for FY 2022

  • adidas expects double-digit sales growth in 2022

Major developments FY 2021

•    Currency-neutral revenues up 16% driven by growth in all markets
•    Excellent top-line momentum in EMEA, North America and Latin America with strong double-digit increases in each region
•    Double-digit growth in DTC reflecting improvements in both online and offline
•    Gross margin increases to 50.7% driven by higher full-price sales and better inventory management  
•    Operating margin increases 5.3 percentage points to 9.4%  
•    Net income from continuing operations grows more than € 1 billion to € 1.492 billion
•    Executive and Supervisory Boards propose dividend increase of 10% to € 3.30 per share

Outlook for FY 2022

•    Currency-neutral sales to increase at a rate between 11% and 13%, already reflecting up to € 250 million of risk in Russia/CIS business related to the war in Ukraine
•    Gross margin to increase to a level of between 51.5% and 52.0%
•    Operating margin to increase to a level of between 10.5% and 11.0%
•    Net income from continuing operations to grow to between € 1.8 billion and € 1.9 billion

Kasper Rorsted, CEO of adidas: “Unfortunately, we release our 2021 results in unsettling times. Our thoughts and prayers are with the Ukrainian people, our teams on the ground and everyone affected by the war. We strongly condemn any form of violence and stand in solidarity with all those calling for peace. We also provide immediate humanitarian aid to those in need of support. We will continue to follow the situation closely and take future business decisions and actions as needed, always prioritizing our employee’s safety and support.”

“In 2021, we delivered a strong set of results despite several external factors weighing on both demand and supply throughout the year”, Kasper Rorsted continued. “Wherever markets operated without major disruptions we have been experiencing strong top-line momentum. This is reflected in double-digit revenue growth in EMEA, North America and Latin America. While we continued to invest heavily into our brand, our direct-to-consumer business, and our digital transformation, we improved our bottom-line by more than € 1 billion. Taking it all together, 2021 was a successful first year within our new strategic cycle. In 2022, we will build on this momentum and continue to grow both our top- and bottom-line at double-digit rates amid heightened uncertainty.”

More information:
adidas Financial Year 2021
Source:

adidas Media Relations